G-2003-65

Sustainability of Cooperation Overtime in Linear-Quadratic Differential Games

This paper deals with time-consistency and agreeability, two dynamic
individual rationality concepts, in special linear-quadratic
differential games. Conditions ensuring their satisfaction are
derived and a link between sustainability of cooperation and fair sharing of cooperation surplus is established.

GERAD

GERAD is a multi university research center founded in 1979, financed by FRQNT.
It involves some seventy experts from a mix of disciplines: quantitative methods for management, operations researchers, computer scientists, mathematicians and mathematical engineers, from HEC Montréal, Polytechnique Montréal, McGill University and Université du Québec à Montréal.